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Mar 28 - 10:55 PM

AUD/USD - Edges Lower As Risk Mood Sours In Early Asia

By John Noonan  —  Mar 28 - 08:52 PM
  • AUD/USD traded below 0.7630, as the E-mini futures are down close to 0.50%

  • Concerns markets may see volatility into quarter-end weighing on sentiment

  • Report Archegos Capital forced to sell large equity holdings adding to angst

  • AUD/USD support is @ the 100-day MA @ 0.7619 and buyers tipped around 0.7600

  • Key support is at the double-bottom formed at 0.7564

  • Resistance is at the 10-day MA - which descends to 0.7685 today

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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